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governor jerry brown now taking action to ease pain at the pump. our jane wells at a gas station in northridge, california. what's he going do, jane? >> reporter: well, let's quote a gas analyst who says, gravity is at work in california. he says after this announcement by the governor, the price of special gasoline is now $1 cheaper than the peak last week -- $3.30 a gallon. not quite seeing that price translate to the pump. people jammed in costco behind me to pay $4.58 a gallon. that's nearly a dime cheaper than the state's record breaking average right now. this costco was closed on friday due to a lack of supply, but governor jerry brown has ordered refiners to start selling california's winter gasoline early to boost supplies as much as 10% after hearing cries from residents complaining that filling up now costs more than $100. listen to him! >> if california slides into a recession, that recession will spread right across the country to the east coast and before the end of this year, the unemployment lines could be rising dramatically. >> re
governor jerry brown now taking action to ease pain at the pump. our jane wells at a gas station in northridge, california. what's he going do, jane? >> reporter: well, let's quote a gas analyst who says, gravity is at work in california. he says after this announcement by the governor, the price of special gasoline is now $1 cheaper than the peak last week -- $3.30 a gallon. not quite seeing that price translate to the pump. people jammed in costco behind me to pay $4.58 a gallon. that's...
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Oct 9, 2012
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the california governor jerry brown has given the go-ahead to refiners to process a less expensive and less cleaner burning fuel known as the winter blend in the trade, three weeks earlier than they planned. that should bring prices down about 15 cents a gallon. before you know it our attentions will turn to heating costs. this will go down as the earliest week the weather changed for the season in a lot of areas, as canada sends us its very best cold air. in just the last week there were 409 record lows tied or broken. and depending on where you lived, the warm weather just went away and won't be back until next year. >>> still ahead as we continue along the way on a monday night. the dirty little secret about the hand sanitizers and the experts who fear the cost of good intentions. >>> and later, making a difference, how they're helping us and we're helping them. and where this story all started. >>> starting today, our network has launched a campaign to make this healthy week. and tonight we're looking at something that has become a huge help to clean up on the go, but may have its
the california governor jerry brown has given the go-ahead to refiners to process a less expensive and less cleaner burning fuel known as the winter blend in the trade, three weeks earlier than they planned. that should bring prices down about 15 cents a gallon. before you know it our attentions will turn to heating costs. this will go down as the earliest week the weather changed for the season in a lot of areas, as canada sends us its very best cold air. in just the last week there were 409...
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in an effort toobring down high prices governor jerry brown allowing a slightly earlier rollout of less-expensive want to blend gasoline. i can imagine the millions of californians just sank thank you so much, governor. the transition have already scheduled for the end of the month and can take refineries up to a weaker more to make this witness of the governor emergency action is not happening with any real urgency. california typically has substantially higher gasoline prices simply because it has the second-highest gas tax and the country. late show host david letterman taking a cue from the obama campaign attack dogs. senator reid and stephanie cotter during his show friday letterman repeatedly repeated the utterly ridiculous claim that romney did not pay federal income taxes. listen to this. >> like it does tax returns because i believe we will discover that the man has not paid and nickel to the united states and federal income-tax. [applause] a felon running for president. [laughter] lou: the only thing i can imagine to my doing an impression of harry reid. not bad, don't you think? well,
in an effort toobring down high prices governor jerry brown allowing a slightly earlier rollout of less-expensive want to blend gasoline. i can imagine the millions of californians just sank thank you so much, governor. the transition have already scheduled for the end of the month and can take refineries up to a weaker more to make this witness of the governor emergency action is not happening with any real urgency. california typically has substantially higher gasoline prices simply because...
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jerry brown taking action in an effort to drive down the cost of gasoline. the governor's allowed winter blend gasoline to be sold in california earlier than usual to bring down the prices. the dramatic surge came after a power outage last monday to a southern california refinery that reduced supply. prices were expected to stabilize in the coming days. >>> let's get to london for an update on the markets this morning overseas, cnbc's ross westgate joins us with an update, has it changed much? there's a lot of red behind you there. >> not an awful lot, andrew, since we spoke about an hour or so ago. not quite at the session low. 8:1 decliners outpacing advancers on the dow jones stock 600. ule though it looks dramatic the numbers aren't bad when you consider the gains we had last week. the cac up nearly 3%, the ftse was up over 2%. today down three-quarters for the ftse. angela merkel will go to greece tomorrow for the first time since the financial cries sois we wi crisis so we'll monitor the reception she gets there but they're still working out whether or
jerry brown taking action in an effort to drive down the cost of gasoline. the governor's allowed winter blend gasoline to be sold in california earlier than usual to bring down the prices. the dramatic surge came after a power outage last monday to a southern california refinery that reduced supply. prices were expected to stabilize in the coming days. >>> let's get to london for an update on the markets this morning overseas, cnbc's ross westgate joins us with an update, has it...
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california's governor, jerry brown, is taking emergency measures to ease is price at the pump. prices have spiked because of refinery outages and supply problems. he's calling for an increase in supply and an early switch to the winter fuel blend. >>> a man dies of a heart attack after an all-out brawl. there was tension with one party and another. the brawl broke out at a bar. two men for cited for disorderly contact. a third man police hit with a baton in this video. still in jail. the uncle of the bride died of a heart attack after this fight. >> terrible. >>> the outbreak is growing. the number of fungal meningitis cases jumps to 91. and health officials say the outbreak is far from over. seven people have now died. investigators in massachusetts, trying to figure out the precise source of the outbreak at the facility where potentially tainted steroid injections were made. >>> right now, the first commercial cargo flight to the international space station is on its way. >> three, two, one. >> blast off. >> and liftoff. >> yes, ladies and gentlemen. we have liftoff. the spac
california's governor, jerry brown, is taking emergency measures to ease is price at the pump. prices have spiked because of refinery outages and supply problems. he's calling for an increase in supply and an early switch to the winter fuel blend. >>> a man dies of a heart attack after an all-out brawl. there was tension with one party and another. the brawl broke out at a bar. two men for cited for disorderly contact. a third man police hit with a baton in this video. still in jail....
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liz: including cap and trade, governor jerry brown said, i will allowance earlier release of winter blend into the gas supply of california, do you think that will move the needle? >> 50-cents is far too large, platts reported this morning, media reports that blenders and refiners in california were already making that adjustment. so, no, that is not moving the needle. if i might just add, the four policy that obama administration is pursuing one gh greenhouse gas regulation. that will raise gas prices, two. he will make refining more expensive with epa pending tier 3 su sulfer control, three the keystone pipeline that was rejected. and four the president continues to refuse to allow oil and gas development off of the coast. liz: oil was going down, but it is like a curb your enthusiasm moment if you are a driver in california. you have been great, sir, thank you so much for your time, we appreciate it. next up, a red alert over china. not what china is planning to do to businesses but what u.s. lawmakers are planning to do to businesses because of china. cowboy libertarian here with a wa
liz: including cap and trade, governor jerry brown said, i will allowance earlier release of winter blend into the gas supply of california, do you think that will move the needle? >> 50-cents is far too large, platts reported this morning, media reports that blenders and refiners in california were already making that adjustment. so, no, that is not moving the needle. if i might just add, the four policy that obama administration is pursuing one gh greenhouse gas regulation. that will...
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on sunday, governor jerry brown ordered the sale of winter-blend gas three weeks early to increase supplies. wall street started off the week on the losing side. the dow jones industrial average dropped 26 points to close at 13,583. the nasdaq fell nearl points to close at 3112. those are some of the day's major stories. now, back to jeff. >> brown: a rare but deadly outbreak of meningitis is raising concerns for thousands of patients nationwide, and sparking questions about the way certain pharmacies are egulated. >> reporter: the outbreak has been linked to tainted steroid injections used to help fight back pain. the medication was distributed by a pharmacy locatedded just outside of boston. the new england compounding center had already recalled the steroid. on saturday it issued a voluntary recall for all of its products from the framingham, massachusetts, site. but it came too late for 105 people who contracted a rare form of fungal meningitis including eight who died. family members say the victims were stricken with little warning. >> have a shot. six days later you're fighting for y
on sunday, governor jerry brown ordered the sale of winter-blend gas three weeks early to increase supplies. wall street started off the week on the losing side. the dow jones industrial average dropped 26 points to close at 13,583. the nasdaq fell nearl points to close at 3112. those are some of the day's major stories. now, back to jeff. >> brown: a rare but deadly outbreak of meningitis is raising concerns for thousands of patients nationwide, and sparking questions about the way...
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. >> reporter: california's governor jerry brown agrees it's an emergency. so he authorized an immediate switch to winter blend gasoline which can be more polluting but could soon bring down prices by 15 cents to 20 cents a gallon. relief drivers say they need. >> i had to cut back on the groceries in order to get some gas in order to get to work, get the kids to school. >> reporter: prices went up so quickly last week they sometimes seemed to change by the hour. >> in a week it's gone up about 52 cents. absolutely unprecedented from our perspective. >> reporter: the sharp rise was blamed on the supply squeeze that began after a fire shut down part of a chevron refinery in august. then a power failure knocked out an exxon refinery last week. with both refineries now back in operation, wholesale prices on the stock market have already started going down. when wholesale prices go up, the price at the pump seems to rise immediately. but when wholesale prices drop, there's usually a lag at the pump. so california drivers are likely to be paying near record high
. >> reporter: california's governor jerry brown agrees it's an emergency. so he authorized an immediate switch to winter blend gasoline which can be more polluting but could soon bring down prices by 15 cents to 20 cents a gallon. relief drivers say they need. >> i had to cut back on the groceries in order to get some gas in order to get to work, get the kids to school. >> reporter: prices went up so quickly last week they sometimes seemed to change by the hour. >> in a...
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california governor jerry brown ordered state regulators to allow refineries to produce more gasoline - even switching to winter blend, which can be made more easily than the less-polluting summer blend. in a letter to regulators, brown said, "if this situation continues, it may cause unacceptable price impacts for consumers and small businesses, significant economic disruption, and serious harm to public safety and welfare." oil analysts say the spike in gas prices began after a fire at a chevron refinery in the bay area and two recent shutdowns at refineries near los angeles. but senator dianne feinstein wants the federal trade commission to investigate possible price manipulation and collusion, saying, "california's consumers are all too familiar with energy price spikes which cannot be explained by market fundamentals, and which turn out years later to have been the result of malicious and manipulative trading activity." analysts say the gasoline situation in california is pretty much confined to that state. it is largely cut off from the pipeline network across much of the nation
california governor jerry brown ordered state regulators to allow refineries to produce more gasoline - even switching to winter blend, which can be made more easily than the less-polluting summer blend. in a letter to regulators, brown said, "if this situation continues, it may cause unacceptable price impacts for consumers and small businesses, significant economic disruption, and serious harm to public safety and welfare." oil analysts say the spike in gas prices began after a fire...
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governor jerry brown has the final say on decisions by the current parole board. >>> mechanics in american airlines will begin fixing those seats that were coming loose in some of its planes. 48 of its 757s had issues with the seats coming loose. three american planes recently had them -- happen when it was in flight. the airline engineers figured out that additional preventative steps to upgrade the mechanism that locks the seats to the floor. 50 flights were canceled yesterday and another 44 will be scrubbed today to finish the work. >>> the time right now is 4:38. enjoy today. it could be one of the last warm days of the year. howard is back in two minutes with today's forecast. >> and at 4:42. american brokerage firms pull offices out of europe. >> more on that at 4:52. >> happy friday. we're back with your weather first in two minutes. >>> welcome back. 4:40. on this friday morning. you might need a little jacket early. we've got some temps in the 50s in the suburbs but what a beautiful day we're going to have. 77, kids might want to wear a short sleeve shirt to the bus stop. a beauti
governor jerry brown has the final say on decisions by the current parole board. >>> mechanics in american airlines will begin fixing those seats that were coming loose in some of its planes. 48 of its 757s had issues with the seats coming loose. three american planes recently had them -- happen when it was in flight. the airline engineers figured out that additional preventative steps to upgrade the mechanism that locks the seats to the floor. 50 flights were canceled yesterday and...
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however, governor jerry brown has stepped in. authorizing the sale for the winter blend. speaking of, let us get h check of the weather. >> good morning. we will see some moderate wind and the gusting of 20 m.p.h.. more on that coming up. we are tracking a low pressure system still how the potential for some raindrops. i have been looking at the latest computer models. it is a 20 percent chance that we are tracking. south of the golden gate. from san francisco. to the east we could see some moisture. with some pretty spotty temperatures at best. we will be tracking that and let us take a look at futurecast. these two colors on your screen showing these portions of the south bay where records 70's. as repressed towards this evening. all of that blue is indicating where we will see the 50s. with neighborhood by neighborhood and temperatures will be a little bit cooler than this weekend. a mixture of sun and clouds. 68 degrees expected in sunnyvale. 72 degrees expected in los gatos. and the east bay areas. 72 in livermore. 70's to walnut creek with low 60s through san leandr
however, governor jerry brown has stepped in. authorizing the sale for the winter blend. speaking of, let us get h check of the weather. >> good morning. we will see some moderate wind and the gusting of 20 m.p.h.. more on that coming up. we are tracking a low pressure system still how the potential for some raindrops. i have been looking at the latest computer models. it is a 20 percent chance that we are tracking. south of the golden gate. from san francisco. to the east we could see...
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brown taking emergency measures calling for an increase in supply and early switch to a winter blend fuel. >>> u.s. treasury markets are closed for the holiday but stock markets will be open and concerns about growth pushing u.s. stock futures down. the world bank lowered its outlook for growth in asia overnight. >>> new report today from the house intelligence committee says chinese tell communications companies huawei and zte could threaten national security in the u.s. because of their ties to the chinese government. the report says the companies have records of intellectual property violations and alleged ties to iran. it also says, quote, china has the means, opportunity and motive to use telecommunication companies for malicious purposes. they call it dangerous political distractions and they say its products are safe. >>> hugo chavez overcomes the strongest challenge to his political future to win his third term as president of venezuela. analysts says the results show chavez is weaker politically in that country. paula newton has been following the vote for us in caracas. goo
brown taking emergency measures calling for an increase in supply and early switch to a winter blend fuel. >>> u.s. treasury markets are closed for the holiday but stock markets will be open and concerns about growth pushing u.s. stock futures down. the world bank lowered its outlook for growth in asia overnight. >>> new report today from the house intelligence committee says chinese tell communications companies huawei and zte could threaten national security in the u.s....
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california governor jerry brown is taking drastic steps to erase record high gas prices in his state. he has asked the states' pollution board to allow gas stations to start selling their winter blend gasoline at an earlier date in order to increase supplies. sunday the averaged price of gasoline in california hit a record of $4.65 a gallon. many were selling it for more than $5. low which is mint has died at the age of 85. she worked with meryl streep, marilyn monroe and also whitney houston. smith passed away from a brain hemorrhage after an accidental fall. >>> meningitis outbreak is getting worse this morning. there are now more than 90 cases across nine states. so far 7 people have died. marianne rafferty has the latest on this deadly outbreak. >> good morning heather and ainsley. more news from the cdc.gov as cases of fungal meningitis are on the rise and more people are being warned to look for symptoms. it has claimed the lives of at least 7 people. it is believed to have originated from a compounding center in massachusetts. there are 91 confirmed cases of fungal meningitis.
california governor jerry brown is taking drastic steps to erase record high gas prices in his state. he has asked the states' pollution board to allow gas stations to start selling their winter blend gasoline at an earlier date in order to increase supplies. sunday the averaged price of gasoline in california hit a record of $4.65 a gallon. many were selling it for more than $5. low which is mint has died at the age of 85. she worked with meryl streep, marilyn monroe and also whitney houston....
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liz: governor jerry brown saying he would get the winter fuel blend pushed out because it is a little less expensive. >> he has. yes. he has just done that, actually. depending on who you talk to, three to four days. some people will say a week. we are talking about a 15% drop. maybe a $0.20 drop. liz: now let's get to robert. do they get a benefit if gasoline is higher? >> it certainly appears that way. investors getting a little bit of a break. look at marathon petroleum. they are buying a refinery in texas. marathon moving higher buying bp. also, take a look at bp itself. we get to the california issues. also the fire near san francisco. that was at a sever on refinery back in august. you are seeing gains across the board here. back to you. liz: thank you. the dow is coming back. it is down just 11 points. in some strange way could we end up positive right now? who knows. we have 39 minutes before "the closing bell" rings. the s&p lowered by three. one company is looking for a new energy solution. why burn expensive petrol when you can burn dirty corn oil? yes. bio diesel. bio dies
liz: governor jerry brown saying he would get the winter fuel blend pushed out because it is a little less expensive. >> he has. yes. he has just done that, actually. depending on who you talk to, three to four days. some people will say a week. we are talking about a 15% drop. maybe a $0.20 drop. liz: now let's get to robert. do they get a benefit if gasoline is higher? >> it certainly appears that way. investors getting a little bit of a break. look at marathon petroleum. they are...
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. >> california governor jerry brown has just ordered regulators for winter blend gasoline to be sold before its scheduled date. all this before gas prices have spiked over the weekend. now averaging $4.65 a gallon in california. >>> and two ethiopians celebrating their big wins in the chicago marathon today after shattering the course record by nearly one minute. an estimated 45,000 runners participated despite the chilly weather in the windy city. >>> i want to bring you other news in another presidential election. this one in venezuela. voters in that country went to the polls today. hugo chavez facing his toughest challenge. he's staged a comeback from cancer. he wants a new six-year term to shape the future of the oil-rich nation. nbc news correspondent kerry sanders is in the venezuelan capital. good sunday to you. >> reporter: well, craig, the election is still ongoing. the polls are open. in fact, they're likely to stay open late because there is expected and certainly indications of a 90% voter turnout. you mentioned a few minutes ago about the price of a gallon of gas in cal
. >> california governor jerry brown has just ordered regulators for winter blend gasoline to be sold before its scheduled date. all this before gas prices have spiked over the weekend. now averaging $4.65 a gallon in california. >>> and two ethiopians celebrating their big wins in the chicago marathon today after shattering the course record by nearly one minute. an estimated 45,000 runners participated despite the chilly weather in the windy city. >>> i want to bring...
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jerry brown ordered the state to move to a winter blend sooner than normal. city of oakland getting ready to unveil a new foreclosure prevention plan aiming to assist those threatened with or in foreclosure to stay in their homes. initiative offering counseling, legal advice and outreach to banks. and it looks like hawaiian real estate prices are finally turning around. i let state fits in the nation with 8% year-over-year gain. according to the honolulu board of realtors: median sales price is up substantially for homes rising 1% per condo. average home price, $625,000. and that is your west coast minute. dennis: the guys who rise up, those are the ones who fell the hardest. but they keep on doing things and governments to raise the cost of doing business. gas is most expensive in the country because they have the most stringent regulations on emissions and constantly hammering business with well intended restrictions that raise costs for the consumers they are trying to protect. cheryl: they're trying to keep the air clean, a valiant cause, but at the same
jerry brown ordered the state to move to a winter blend sooner than normal. city of oakland getting ready to unveil a new foreclosure prevention plan aiming to assist those threatened with or in foreclosure to stay in their homes. initiative offering counseling, legal advice and outreach to banks. and it looks like hawaiian real estate prices are finally turning around. i let state fits in the nation with 8% year-over-year gain. according to the honolulu board of realtors: median sales price is...
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. >>> gas prices dropping down after governor jerry brown's decision to allow them to sell the cheaper winter blend earlier than expected. >>> honda recalling 489,000 crvs in the u.s., europe and africa. it from 2006 to 2010 models. >>> the new vending machines will debut in chicago and san antonio next year. that, by a wide margin, as you see from the counter is today's speed read. i saw you miss it. david: stretch. liz: and [buzzer] david: there we go. got to figure it out. i saw him miss it last week. we have to figure out some way if we get it early to get that bell ringing, otherwise we too much dead space. earnings season as we mentioned many times beginning tomorrow. a lot of surprises are undoubtedly ahead. who could beat and who could miss? with have an analyst whoan 80% r this year for predicting earnings surprises. liz: sri raman, senior research analyst at thomson reuters back for another appearance. >> hi. liz: you got so many right. start with two names you feel will outperform their expectations. start with your number one pick. what is it? >> gap. got to be the gap. con
. >>> gas prices dropping down after governor jerry brown's decision to allow them to sell the cheaper winter blend earlier than expected. >>> honda recalling 489,000 crvs in the u.s., europe and africa. it from 2006 to 2010 models. >>> the new vending machines will debut in chicago and san antonio next year. that, by a wide margin, as you see from the counter is today's speed read. i saw you miss it. david: stretch. liz: and [buzzer] david: there we go. got to figure...
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governor jerry brown asked pollution regulators to start selling winter blend fuel. the average price of regular unleaded hitting $4.66 a gallon yesterday. our jane wells is on the case live this morning in north ridge, california, an amazing number, jane. >> reporter: hey, carl, $4.58 at costco. costco is getting supplied. southern california stations are open. there may be relief in sight. even as california wakes up to another record breaking day for prices. you said 4.66 yesterday. penny higher today on average for regular. it's the third day in a row with a record. prices are up 49 cents in a week. 12% even as stations are still sometimes running out. >> since friday this is the fourth time. >> that may end. governor jerry brown has ordered state area resources to start letting stations sell this special winter blend of gas now three weeks early. the winter gas evaporates quickly and not as good for air quality. but even in california there's a point where clean air has to take a back seat. the air resources board tells cnbc will increase the supplies of gasolin
governor jerry brown asked pollution regulators to start selling winter blend fuel. the average price of regular unleaded hitting $4.66 a gallon yesterday. our jane wells is on the case live this morning in north ridge, california, an amazing number, jane. >> reporter: hey, carl, $4.58 at costco. costco is getting supplied. southern california stations are open. there may be relief in sight. even as california wakes up to another record breaking day for prices. you said 4.66 yesterday....
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this follows governor jerry brown's move to allow winter blend gasoline to be sold earlier than usual to ease supply disruptions. yesterday marked the third straight day of record pump prices in the state. and british bank barclays taking over the uk savings and loan business of dutch bank ing. barclays gets about 16.5 billion euros of deposits and loans. ing has been divesting assets to repay dutch aid. stanley's black & decker sells unit off for $1.4 billion in cash. it sells lock sets, building hardware and plumbing fixtures under quickset, baldwin and fister brand names. >> thank you, andrew. >>> our next guest is never at a loss for words either, joining us on the "squawk" u.s. in line is donald trump, president and chairman of the trump organization. mr. trump, if you were listening to the debate the other night and i know you were because i know you moved your trip so that you could be listening, i think your name may have come up more often than big bird. what'd you think of that? >> i was of course very honored, it was a great privilege. i was honored by watching the debate.
this follows governor jerry brown's move to allow winter blend gasoline to be sold earlier than usual to ease supply disruptions. yesterday marked the third straight day of record pump prices in the state. and british bank barclays taking over the uk savings and loan business of dutch bank ing. barclays gets about 16.5 billion euros of deposits and loans. ing has been divesting assets to repay dutch aid. stanley's black & decker sells unit off for $1.4 billion in cash. it sells lock sets,...
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jerry brown has ordered an early switch to winter blend fuel. we are an late with the very latest. >> gas prices just in the last week have gone up $0.56. california culture not doing so well because of these gas prices. i will step away so you can take a look at this gas station completely empty. $4.99 for a gallon of gas. down the street, it is $5.29. if you find a station at the $4.67 set range, i suggest that you stop and get it. there are a lot of people upset here. one can't demand. two, telephone it does have stricter demand. three, a number of refineries have gone down to make that task. you cannot import it outside of the state. >> $10 in gas will not even give me a quarter of a tank. it is really out of control. >> i write my bike to work due to the increase of gas prices. they have been increasing and i cannot afford it. standard well allow gas to come down a little bit. back to you in new york. lori: thank you so much. melissa: the refinery problems are keeping a lid on oil prices. down 9% last week. phil flynn is in the trading pits
jerry brown has ordered an early switch to winter blend fuel. we are an late with the very latest. >> gas prices just in the last week have gone up $0.56. california culture not doing so well because of these gas prices. i will step away so you can take a look at this gas station completely empty. $4.99 for a gallon of gas. down the street, it is $5.29. if you find a station at the $4.67 set range, i suggest that you stop and get it. there are a lot of people upset here. one can't demand....
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meanwhile jerry brown has ordered the state's plugs regulators to let gas stations help sell winter blend fuel to help the spike. it high school $4.66 a gallon on sunday, topping $5 a gallon in some areas. winter blend is cheaper to make. despite the weakness in the global economy, the cost of oil and still rising gasoline prices as evidenced there. what impact is that having? >> unfortunately when gasoline prices rise in the u.s., it end its to eat into real disposable income. so less to spend elsewhere. if you look at just the last few months we've had in the third quarter, you saw reasonable growth in july because glen prices didn't change that much. august they stepped up, so relatively flat growth in consumer spending. >> what's the impact of gasoline energy prices? >> we're not really too much effect on the u.s. achievement going forward, but unfortunately, there is obviously the potential that you have to keep your eye on. but outlook is relatively stable energy prices. >> if we get a political blow up, does that feed lieu? >> it's a geopolitical risk, so that's a concern you have
meanwhile jerry brown has ordered the state's plugs regulators to let gas stations help sell winter blend fuel to help the spike. it high school $4.66 a gallon on sunday, topping $5 a gallon in some areas. winter blend is cheaper to make. despite the weakness in the global economy, the cost of oil and still rising gasoline prices as evidenced there. what impact is that having? >> unfortunately when gasoline prices rise in the u.s., it end its to eat into real disposable income. so less to...
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the change comes two days after governor jerry brown authorized its sale to tame skyrocketing retail gasoline prices. >> it's not helping yet. the wholesale prices have been coming down on this news, but i think yesterday the average was $4.67 a gallon still for the state of california at the pump. >> let's talk about microsoft. microsoft ceo steve ballmer has signalled a new direction. he's pointing to hardware and online services as its future, taking a page from longtime rival apple. he suggests microsoft may eventually build its new phones. >> that's a big shift. >> it's a huge shift for them to get into real hardware. they did make one of the -- i don't know if it was the surface or -- one of the prototypes for their tablet is manufactured by them. and it may be ultimately that you need to actually do the software. >> the software gets stolen by china and all these other places. they don't pay for it. so i guess you eventually want to shift to where -- >> i think that's part of it. but i think part of sit the seamless nature of what you're seeing by apple, and on some level by g
the change comes two days after governor jerry brown authorized its sale to tame skyrocketing retail gasoline prices. >> it's not helping yet. the wholesale prices have been coming down on this news, but i think yesterday the average was $4.67 a gallon still for the state of california at the pump. >> let's talk about microsoft. microsoft ceo steve ballmer has signalled a new direction. he's pointing to hardware and online services as its future, taking a page from longtime rival...
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Oct 10, 2012
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. >> caller: ayaan jerry. i studied political science and i've also went through the coming you know, the court cases come supreme court cases, brown v. board of education, etc., etc. not. but i want to make a personal comment. i took the s.a.t. with a black friend of mine in massachusetts who is a basketball player and went to play for the jacksonville. we both moaned and groaned over the s.a.t.. i think of was discrimination against both of us because we were from a poor neighborhood. we never had the opportunity to get and i think that this is -- a lot of the problem is the tests to get into a problem which is discriminating against poor white and black men and women also. also, i think that's you can't disregard discrimination in the past and slavery in this country. what i did is they took a broad brush and started making everyone a minority. this left the black man out of the picture to a large extent. i also feel it's at a disadvantage and give them a shot that they should be separate programs and the c
. >> caller: ayaan jerry. i studied political science and i've also went through the coming you know, the court cases come supreme court cases, brown v. board of education, etc., etc. not. but i want to make a personal comment. i took the s.a.t. with a black friend of mine in massachusetts who is a basketball player and went to play for the jacksonville. we both moaned and groaned over the s.a.t.. i think of was discrimination against both of us because we were from a poor neighborhood....